The Traderszone Network

Published in TZ Latest News 1 February, 2015 by The TZ Newswire Staff

Fed’s ‘solid’ growth view faces test as Greek drama unfolds

The Federal Reserve’s upgraded view that growth in the world’s biggest economy is “solid”, and so capable of withstanding an interest rate rise this year, will be put to the test by U.S. jobs data this week. The Federal Reserve last week lifted its assessment of the U.S. expansion to “solid” from “moderate”, with jobs growth now seen as “strong”. “Interest rates then were 6 percent.

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